iOS expense trackers compared and reviewed by @futureb00ks

The author, Anthony Coundouris, is the founder of accounting and analytics firm Futurebooks . Expensify is the best of the bunch. Read on to find out why. Compiling expense reports, which track employee’s expenses incurred while performing company duties, are one of the most time consuming bookkeeping tasks. A startup of two employees and one director can spend as much as 12 hours a month keying in personal expense claims. For this reason, staff dread the task of submitting monthly expense claims, and are often late in presenting expense claims to management. Enter expense trackers We road-tested a bunch of mobile apps to see if this tedious task could be improved. The objective of our experiment was to decide if it is quicker to manually key receipts into Excel, or to scan them using a mobile device. To beat Excel, the apps will have to: Scan and process the receipt quick...